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that the samsung galaxy s4 has been unveiled. we'll speak to someone in the business of consumer electronics trade-in and we head to break this morning. bright spot. look at jc penney and melissa lee pointed this out to us. what's going on with jcp? >> somebody get herb greenberg on the phone. >> if jc penney converted to reitlike units it could go out to other retailers and that would make it $46 a share with $40 accorded to the reit part of the business. >> here you go. >> it's why we're the best in the business. we're back after this. ♪ ♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ how lincoln financial can help you take charge of your future. investor. yeah, ibut i'm a busy guy.or it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional invest
they compete? less talk about samsung's. blackberry tomorrow. fair enough. that's a samsung. galaxy's really picking up market share. you're not worried about that. >> not worried about it. there seems to be so much attention. in all this talk. if you look at mobile phone units to year-over-year at over 29% in the fourth quarter. since i grew 12. there is a big misperception that samsung is doing so much better. smart phones. and what they're doing is moving their feature phone business is more fun. it makes this more fun growth look much higher, but the way to get rid of this is silicon mobile phone and apple & by almost threefold. cheryl: blackberry is releasing the blackberry ten tomorrow. >> not a threat at all. think it is a worthy effort that will keep them in the game. probably more of a threat to android. cheryl: apple filed a patent. he dropped the phone, it prevents it from shattering which is been one of the beckham plans for users to my phones. deasy to break. is this a game change? to you factor this in? i think that's a useful feature. cheryl: you did come back from that thousa
from samsung. lululemon doing the downward facing dog with the transparency with the iconic black yoga pants prompting the retailer to cut sales guidance and boeing clinches an order from ryanair. of course, we begin with the markets. the dow and the s&p 500 hoping to avoid their first three-day losing streak of the year. wall street will be paying close attention in about three hours from now. that country's parliament scheduled to vote on a proposed tax on bank deposits and the controversial measure appears set to go down in defeat. here in the u.s., policymakers begin a two-day meeting in which they're expected to hold current policy. this is one of the meetings where we will get a press conference and people will be hanging on every word and every use of every adjective coming out of the fed chairman's mouth. are you expecting anything? >> i think that, frankly, we are looking at a housing rebound. we're looking at industrial production rebound. we're looking at retail sales rebound and it will be really important somehow for the fed to be able to say listen, we still need rates lo
including one for a technology firm going public today. we'll talk to the model n. also samsung is launching a new product today and it's not a smartphone. we'll talk exclusively with samsung electronics america president tim baxter about what his company is unveiling and taking another look at the futures. it looks like it will be a strong open out of the gates today. the dow with an implied open plus 70 with the nasdaq following suit. more "squawk on the street" live at post 9 on the nyse when we come back. >>> it's wall street firm is jumping on the best buy bandwagon. credit suisse overweight with a $30 price target and the firm calling best buy its best near-term idea expressing confidence in its management's ability to turn the company around. credit suisse is saying it is upbeat about the best buy earnings prospects. the stock is now up almost 90% so far this year. gary balter is the analyst. jim, who i know you know well. >> yes. >> i love the note this morning more than anything. >> i mean, he's quoting bob seeger saying i know it's late. i know you're weary. a lot of people have up
loopholes. >> iphone, apples fighting back as blackberry and samsung pile on. >> a tight market. it's down to the floor of the new york stock exchange to check in with nicole, and stocks well off the low of the day, seems the initial shock is wearing off. do you agree? >> well, certainly, we are up off the lows of the day with an extremely strong dollar when we started today. that's come back a little bit. of course, the euro at four month lows, and there are continued concerns about cypress, the banks, the eurozone, and just the global picture financially. the dow, right now, at 14500, trading as low as 14404. cypress is a big concern. china is a big concern. they said china's economy is showing symptoms that sparked the crisis in 2008, the warning and saying they risk financial crisis. obviously, concerns about china. i'm going to stick to the cypress theme and put it together. the vix, fear index popped. you see the 1275 right now, up 17%. at one point, up 13%. right now, let's look at the financials because they certainly reacted. in some cases, dramatically, and the idea of them taxin
convened to celebrate the life of the late chairman the founder of the samsung group with a major address on asia policy. mr. chairman, today you are succeeding a long line of distinguished speakers over the years. our first b.c. lecturer was former secretary of state henry kissinger. subsequently, we have heard from chairman of the senate foreign relations committee, senator jesse helms and heard from ben gilman and henry hyde and don rumsfeld, colin powell, condi rice and others. our last lecturer was senator leiberman. we have over the years made a significant and substantial contribution to american policy makers, understanding of the challenges we face in terms of our policies towards asia. 30this, in fact, the anniversary of the founding of the heritage foundation's asian study center. when dick and i started the center back in 1983, it was our first dedicated foreign policy center at the heritage foundation. back then asian security was all about what's happening here in the cold war. from that perspective, study of the soviet union might have made a lot more sense. dick and i, as
war. today, we have a number of other significant guests who are here with us representing the samsung company from their new jersey headquarters, mr. m.j. han and welcome you here on behalf of the chairman of samsung, and our good friend and long time member of the heritage foundation. we are delighted to have so many members of the diplomatic corps here with us, cambodia is here this morning. the ambassador from the phillipines is here. the ambassador from indonesia is here. we have the d.c.m.'s from a number of our asia-pacific partnership countries, including australia, canada, singapore, thailand and vietnam. we have hong kong's commissioner for economic and trade affairs with us today. and always good to see him. leo lee is here. and i thank all of you for making a special effort to be with us here today to welcome the chairman of the house ommittee on foreign affairs. again, this is a confluence of several anniversaries. the 16th time we have convened to celebrate the life of the late chairman the founder of the samsung group with a major address on asia policy. mr. chairman, to
the samsung company from their new jersey headquarters, mr.m.j. han. mr. han, we're happy to welcome you here on behalf of the chairman of samsung, our good friend and longtime member of the heritage foundation. we're delighted to have so many members of the diplomatic corps here with us. ambassador hang from cambodia is here this morning, ambassador quishea from the philippines is here, ambassador jalal from indonesia is here. we also have the dcms from a number of our asia-pacific partnerships including australia, japan, singapore, thailand and vietnam. we have hong kong's commissioner for economic and trade affairs, donald tong, with us today, and it's always good to see him. leo lee from tech row is here, and i thank all of you for making a special effort to be with us here today to welcome the chairman of the house committee on foreign affairsment again, this is a confluence of several anniversaries, the 16th time we've convened to celebrate the life of the late chairman cho, the founder of the samsung group with a major address on asian policy. mr. chairman, today you are succeeding a l
. it takes on market leaders apple and samsung and they have soared more than 150% in just the past six months. 150 -- i mean, this is a classic sort of dash for trash that we've seen so far this year. >> i like that, yes. where there are a lot of stocks that people questioned the future of the stocks and they questioned the quality of the stocks and these are the ones that had been gaining. >> right. blackberry, bed bath and beyond, best buy, hewlett-packard. >> yes. >> all companies thought to be on the ropes and all companies resurgent and all companies very inexpensive if they get it right. if they get it right, blackberry has no problem. >> eric schmidt will be in line because he's using one with the keyboard so he would have to wait for the q10 and not the z10 because ironically he uses a blackberry. he likes the keyboard. >> i'll tell you what's ironic, when i went to my college reunion. steve ballmer was using a nokia. why? microsoft -- >> exactly. he said look at this. oh, my god, i've never seen one of those. >> because nobody has one. >> if he'd pulled out a blackberry, it wo
. samsung's done that. no one else has managed that. the problem looking purely at enterprise side misses the fact people have to have two devices if you take that view or you need to have confidence people will be -- >> bill and i both have two devices. >> i should say, i do have two devices here. >> make the argument simple. i described a company that had 50 million subs at $100 a year. lower than what they make now. at a 40% operating profit. re recur ing. what would you pay for that? probably a lot. we see the ipo of air watch are good, going to be valued probably in the multiple billions of dollars at a fraction of the subs, fraction of the revenue, we would argue that's the real opportunity. we totally agree the z-10, all these hand sets, rim can't compete. that's why we think a chinese tie-up is the way to go. earnings are going to be positive in may. that's the key. >> it has had a spectacular fall from grace over the year. we know that. whether it can come back or not depends on the handset coming out now. good to see you both. yes, this goes to the smi smithsonian when i'm finis
, the founder of the samsung group with a major address on asia policy. today your succeeding a long line of distinguished speakers over the years. the first lecture was former secretary of state kissinger , and subsequently we have heard from the senate foreign relations committee, senator jesse helms, from your predecessors on the house foreign affairs committee and donald trump's wealth wealth, colin powell and connolly's a rice and others our last -- last lecture was senator joe lieberman. so we made a contribution to policy makers in terms of policy to asia. this is the 30th anniversary of the foundation of the heritage foundation and asian studies center. when we started it 1983, it was our first dedicated foreign policy center at the heritage foundation. back and asian security was all about what was happening here in the cold war. from that perspective, the study of the soviet union might have made more sense. to as we talked, we talked about the potential it could be conceivable u.s. trade with asia with equal trade across the atlantic. today it is much several times greater than
including products made by samsung, lg. while officials investigate it,t proves how costly cyber crime is. the south korean index is down about 1%, this is shut down in many parts of this nation and something that has really caught the attention of businesses, government officials, the military, etc. in this nation as well. we are seeing it happen more and more across the entire globe. connell: we're definitely talking about it more and more. i wonder, in south korea, this is not exactly news. it may be the political sensitivity of it happening now with north korea, south korea conflict was back in the news so much. >> they do have and they are happening more and more not just in south korea, but across the world. covering some of the cyber attack issues this nation is tackling, businesses are tackling. it is all about the timing and the sensitivity and how pervasive it was. again, broadcasters, television screens going blank, not a military attack, it was financial institutions, something that was so widely ceased by the public is kind of shook everyone confidence. you see stuff like thi
Search Results 0 to 11 of about 12